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In most of the rural areas, dairy farming is the main source of earning a livelihood, and this business is one of the unorganized sectors in India. The Government of India is trying to make efforts on a continuous basis to give assistance for setting up a dairy farm business.
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Department of Animal Husbandry, Dairying, and fisheries in the year 2005 launched a scheme known as Venture Capital Scheme for Dairy and Poultry just for the sake of assisting the business of the dairy farm, as per this scheme the loans were provided with 0 interest rate for setting-up of a dairy farm. As with the growth in this business, the Government of India launched a new scheme known as Dairy Entrepreneurship Development Scheme with NABARD.
In order to encourage the business of dairy farming, the Government of India along with NABARD launched a scheme. The scheme was launched with the objective of:
Following persons shall be eligible to avail subsidy;
One member of a family can only avail the benefit of the scheme if more than one member avail the scheme then the different member shall open different units in different locations. The distance between the two units/ farms should be at least 500m.
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